Mid-Ohio Sold To Green Savoree!

Mid-Ohio Sports Car Course, shown during last summer's IZOD IndyCar Series race, has been sold to Green Savoree Racing. The track will host its 50th season of racing in 2011. (IndyCar photo)

LEXINGTON, Ohio — Mid-Ohio Sports Car Course will have new owners when the 50th season of racing gets under way at the scenic 2.4-mile road course located in Central Ohio later this spring.

Owned for decades by Dublin, Ohio-based TrueSports, Inc., the company founded by the late Jim Trueman, the man who resurrected Mid-Ohio during the early 1980s, the track was sold to Green Savoree Racing Promotions.

Green Savoree Racing Promotions is headed by former Indy car team executives Kim Green and Kevin Savoree. Green Savoree Promotions also owns and operates the Honda Indy Toronto and Honda Grand Prix of St. Petersburg.

The Mid-Ohio School, which is based at the Mid-Ohio Sports Car Course, was also part of the sale. Green Savoree has retained TrueSports’ offices and staff and will continue with the promotion of Mid-Ohio’s 2011 schedule of spectator and non-spectator events and school course dates.

“Properties like Mid-Ohio don’t come on the market every day,” said Green Savoree President and Chief Operating Officer Kevin Savoree. “It was a great opportunity to invest in a property with a great history and tradition that, like us, has deep roots in sports car and Indy car racing. It was also a chance to extend our relationship with Honda, which is a longtime partner of Mid-Ohio and our other properties.”

“This is a positive and very exciting deal, and one that serves all our interests,” said TrueSports, Inc. President Michelle Trueman Gajoch, who is Jim Trueman’s daughter. “Kim (Green) and Kevin have a great track record as team owners and event promoters, and will bring a new energy and perspective to the operation. That’s great news for our associates and fans and for the many loyal partners we’ve been doing business with for so many years. They’re the right people to steward the track through its next 50 years.”

The Mid-Ohio School has nearly 180 course dates currently scheduled for 2011 beginning in March, and the track and school both have private events scheduled throughout the year.

“I’ve been racing at Mid-Ohio since 1981 and have seen the pride Michelle and her team have put into the facility and the tradition they’ve established,” said Green Savoree Co-Owner, Chairman and Chief Executive Officer Kim Green. “It’s a legacy we’ll carry on with great pride.”

The Mid-Ohio facility was built in 1962 by Mansfield, Ohio, businessman Les Griebling as a place for sports-car racing. The track was purchased by Trueman, a longtime racing enthusiast, in 1982. Trueman invested millions in the facility, luring major series like CART and IROC and raising the track’s profile as one of the country’s premier road racing venues.

“In addition to continuing to develop this fantastic facility, we look forward to building relationships with the track and school’s many longtime partners and attracting even more of the exciting events Mid-Ohio’s loyal fans have come to expect,” Savoree added. “We’re eager to write the next chapter in the 50-year history of North America’s largest privately held road course.”

A park-like, 330-acre complex, Mid-Ohio Sports Car Course features a permanent road-racing circuit with two primary configurations: a 2.4-mile, 15-turn course and a 2.25- mile, 13-turn circuit. The track, which is located 60 miles north of Columbus and 75 miles south of Cleveland, has been called the most competitive in the U.S. and annually hosts a diverse lineup of locally, regionally and nationally sanctioned racing events for amateur, club and professional drivers and riders.

The Mid-Ohio School provides professional driving and riding instruction to drivers and motorcyclists of all skill levels. The school has graduated more than 41,000 students since its inception in 1993.

Founded in 2009 by veteran motorsports executives Kim Green and Kevin Savoree, Green Savoree Racing Promotions is a privately held motorsports event ownership and management company. In working together since 1993, Green and Savoree have won four IndyCar championships, three Indy 500s and the 12 Hours of Sebring as team principals, and established the Indy Racing League’s first street race in 2004.